Mingzhu Income Tax Expense from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. During the period from 2010 to 2024, Mingzhu Logistics Income Tax Expense regression line of annual values had r-squared of  0.31 and arithmetic mean of  604,665. View All Fundamentals
 
Income Tax Expense  
First Reported
2018-12-31
Previous Quarter
308.7 K
Current Value
308.7 K
Quarterly Volatility
269.7 K
 
Covid
Check Mingzhu Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mingzhu Logistics' main balance sheet or income statement drivers, such as Tax Provision of 436.1 K, Depreciation And Amortization of 1.6 M or Interest Expense of 576.3 K, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0084 or PTB Ratio of 2.14. Mingzhu financial statements analysis is a perfect complement when working with Mingzhu Logistics Valuation or Volatility modules.
  
Check out the analysis of Mingzhu Logistics Correlation against competitors.

Latest Mingzhu Logistics' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mingzhu Logistics' overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Mingzhu Income Tax Expense Regression Statistics

Arithmetic Mean604,665
Geometric Mean550,196
Coefficient Of Variation36.66
Mean Deviation171,566
Median688,265
Standard Deviation221,650
Sample Variance49.1B
Range870.6K
R-Value(0.55)
Mean Square Error36.8B
R-Squared0.31
Significance0.03
Slope(27,384)
Total Sum of Squares687.8B

Mingzhu Income Tax Expense History

2024436.1 K
2023268.6 K
2022530 K
2021135.4 K
2020366.4 K
2019821.2 K
2018M

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mingzhu Logistics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense268.6 K436.1 K

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Additional Tools for Mingzhu Stock Analysis

When running Mingzhu Logistics' price analysis, check to measure Mingzhu Logistics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mingzhu Logistics is operating at the current time. Most of Mingzhu Logistics' value examination focuses on studying past and present price action to predict the probability of Mingzhu Logistics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mingzhu Logistics' price. Additionally, you may evaluate how the addition of Mingzhu Logistics to your portfolios can decrease your overall portfolio volatility.